2012-09-01
2012-09-30
STATION
KTVU (FOX) 8
CNBC 6
KGO (ABC) 6
KNTV (NBC) 5
CSPAN 2
KOFY 2
KPIX (CBS) 2
KQED (PBS) 2
CSPAN2 1
KICU 1
KQEH (KQED Plus) 1
KRCB (PBS) 1
KRON (MyNetworkTV) 1
WETA 1
WMPT (PBS) 1
WRC 1
( more )
LANGUAGE
English 42

Set Clip Length:


to talk about those circuit breaker stocks yesterday: tesla and groupon both tripping the circuit breakers because the stocks were falling so rapidly. would you be a buyer today? > > i do like tesla here. tesla traded down almost to a major support level around $27.50, and really closed at that level. so let's see where it's going to open. i think it's probably going to get pretty stable, and i think that's a great place to start nibbling back in the stock. groupon to me is a different story. groupon is really driven by news that comes out of the media. it really is driven by public opinion. this stock is, to me, very dangerous. it's not trading on fundamentals, it's not trading on a p/e. it's so hard to value. again, it's public opinion. something comes out that's so negative, we see it go down. we see something great come out on groupon, it goes up. i'd stay away from it. > > michael kors has been a great stock for investors. it's more than doubled in the past 12 months here. would you buy this one, or is it too high? > > no, i do like michael kors. the ipo came out at $53, which was a l

on the streets of greece. why spending cuts are triggering the massive riots. >>> tesla publishing a long list of problems. we will look through it coming up. >>> temperatures are not bad. temperatures are in the 60s. triple digit heat on the way and rain showers on the same seven-day forecast. we will time it out for you coming up. >>> and giving you a live look at the bay bridge toll plaza. it looks nice and empty there. a good time to make your way to san francisco. it is 11:11 now. stay with us. >>> it was a wild scene as an estimated 50,000 protesters marched through the streets of athens angry over the austerity measures. this is video from this morning of protesters throwing molotov cocktails at police. you see the demonstrations closed schools and canceled flights. the country's prime minister and finance ministers are hammering out a $15 billion package of spending cuts. greece's next bailout payment is hinging on the government's agreement of further spending cuts. >>> tesla's shares are hanging on a day after the stock fell. scott mcgrew, there are a lot of challenges ahead for the

tesla announces expansion plan autos w >>> bay area based tesla plans to open 10 more stores around the u.s.. customers will be able to design their own tesla model s sedan z there is another store opening in boston next week. in california there will be more stores in san diego and topanga. there are showrooms in pen mow -- menlo park. shares down nearly 3% after the ceo could not confirm delivery of 5,000 by the end of the year and you can catch the prime time emmies this sunday, right here on abc 7 and jimmy kimmel is hosting this year, he got things rolling helping roll out the red carpet. this morning spoke with abc 7 news. about his nomination and dream of winning. >> this would with easy to switch those envelopes and put my name on it. i wonder what would they do? would they take ate way? or just go along with it? >> and it starts at 2:00 owe on sunday with the special and red carpet arrivals then jimmy kimmel switching envelopes hosting from 5:00 to 8:00 and >>> coming up, more on final flight of the space shuttle endeavor, the governor signed a bill making space exploration

announcement from the tesla motors. now the automated car and now they are unveiling a solar powered charging station. the super chargers will make refuelling the electric vehicles as fast as stopping for gas and a bathroom break in a conventional car. there are six stationed at restroom stops in gilroy and other areas. the new stations will change the way people will view electric cars. >> people have the idea if you have an electric car, you can't -- there is no freedom. you're stuck. they have the idea you can't go anywhere. what we are showing here today is in fact you have more freedom than with anything. >> he says tesla plans to have more stations running through california and nevada and oregon by the end of the year. the entire united states by the end of 2014. >>> the giants are trying to make it easier for you to get tickets to the post season. that plan comes with a deadline. you have to register by noon today for a chance to purchase post-season tickets. this is the only way to fairly distribute post-season tickets to as many fans as possible. to register, you have a half an hour

to allow the driverless cars on the road, nevada approved it in february. and tesla says it plans to build a network of charging stations across california to accommodate its electric sedan. the california-based car company unveiled the network. tesla says there are currently six locations with plans to build 100 more. the company says they can provide 150 miles of additional range of a 30-minute charge but they are not compatible with other electric cars. >>> you may have noticed what looked like an incredible bright moon. it was not real. a light was placed on treasure island to create the look of moonlight to film "the internship" starring vince vaughn and owen wilson. >>> tonight at 5:00, more on the controversy call from the game yesterday. it turns out one of the referees involved in the decision lives not too far from the bay area. more on him and the nfl negotiations at 5:00. thank you for joining us. we will see you at 5:00. ese politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new

like to get to the point of no gas at all. >> reporter: others that he rented is this tesla. a recent study from u.c. berkeley research center found car share users end up renting cars that get 10 miles a gallon more than their previous vehicle. some take it one step further. >> 25% of the sample cheryl jennings vehicle. another 25 purchased as a result of car sharing. >> that is what they did three years ago. >> after looking for parking, getting expensive parking tickets, always searching for change to put in the parking meters, high cost of gas and high cost of maintenance of cars just proved to be too much of a has el. >> she es maitd mates she saved $300 on a month on gas and car maintenance of them don't pay for gas. >> i gave up my car once i realized that there were alternatives to having and owning a car here in san francisco. >> about 600,000 people in the united states have joined car sharing programs and that number is expected to grow. >> it's well established, car sharing is not going anywhere. >> not only are we saving gas. but it's a great time to driving a car and it

undervalued"... the stock up 5% today to $2.60 a share. morgan stanley upgrading shares of tesla motors, sending the stock zooming higher, delivery delays have plagued the electric vehicle maker, but morgan says tesla has the ability to significantly outperform. tesla shares jumped 7% to $32.54. morgan stanley also lifted its price target on the shares to $50, from $45. vivus shares gaining some weight, as the company rolled out its obesity drug, ahead of schedule. quseemiah, was supposed to debut next quarter, the company says it's now available for prescription. that early release, sending vivus shares up 4%, to $3.85, a one-month prescription costs $184. as for our most acti excnge tradedunds and notes, the i- path short term futures note, leading the way lower, down 1.2%. and that's tonight's "market focus." >> susie: gold has been shining recently: prices have jumped more than 10% in the past two months. gold closed down slightly today at $1771 an ounce. what's outlook from here, and what's the best way to invest in gold? so tonight's word on the street: gold. joining us, joe "doe"

. >>> tesla says it is going to open 10,000 stores over the next few months. san diego, new york, new jersey and florida are some of those locations. tesla says customers will be able to customize a model s sedan with interactive displays and then see what it looks like on a giant screen. with these 10 new stores, tesla will now have 34 locations worldwide. >>> yesterday here at 5:00, bill martin helped us fine tune the timing on that shuttle fly over and the locations that were best. everything worked out didn't it. >> yeah it was one of the most spectacular days. >> it fly right in front of my house, i live out in oakland. it was so close it looked like you could hit it with a rock. >>> it was a really neat shared experience. i'm so glad the weather cooperated because some of those photos we're getting. you will see them all throughout the night. we had great photos of the fly over. the golden gate bridge in the background. and it really just affirms what i say too much, that we live in one of the prettiest places in the world. and on a day like this you really can appreciate it especially

and co-founder. tesla stock sliding after they announced new charging for electric vehicles. all that is coming up in the next hour. >>> we'll start with yahoo! marissa mayer playing to revooel veal her plan. she'll likely introduce progress and goal tracking as a measure of performance. cara swisher, co-executive editor for all things "d" joins us on the news line. good to have you back. >> thanks a lot. what will the headline be this afternoon? >> i don't know. she's put a lot in the memo we obtained, talking about goals for the company and trying to put the company on strict benchmarks. i think she'll focus in on a couple things. one is search, improving search results. the relationship with microsoft has been a bust, essentially. she knows search so she'll focus in on where she knows how to make money. second thing is ad tech. we believe she'll make acquisitions in the ad tech area and improve yahoo! as ad platform which has been lagging. an area she doesn't know quite as well but certainly knows better than some people. and the third is looking -- taking the key properties o

energy department gave tesla motors permission to restructure a loan and says the new terms will settle debt in just 10 years if the company becomes profitable and there are papers filed saying production problems with its new model s. >> and there is a man wanted for child molestation has been arrested in mexico. police say he fled to avoid arrests and investigators tracked him down after looking at his wife's financial records. they believe she was arrested in june z on friday, investigators used her information to trace phone calls. fire damaged a home tonight and started on grant avenue last night. plea of the -- three of the residents inhaled too much smoke and went to the hospital. >>> and an investigator was investigating a possible copper theft on hamilton drive, one man resisted arrest. the officer fell and apparently hit his head. both suspects in this case have been arrested. >> and coming up being in charge doesn't necessarily bring on more stress. >> we'll have that and taking a look at how american airlines pilots are creating travel trouble. and one city has gone unscathe

gates are flat on the ground and windows are smashed. >>> a big announcement from tesla tonight. the electric car company unveiled its solar charging station. it will make refueling electric vehicles about as fast as stopping for a bathroom break at a gas station. they're located in gilroy, folsom, barstow and harris ranch. the new stations will change the way people view electric cars. >> people have an idea if you have an electric car, you're sort of -- there's no freedom. you're stuck. they have this idea that you can't go anywhere. what we're showing here today is, in fact, you have more freedom than with anything. >> tesla plans to have more stations running through california, nevada and oregon by the end of this year. and the entire nation by the end of 2014. >>> president obama will address the u.n. tomorrow. he's expected to talk to the giants about the recent attacks that took the life of u.s. ambassador christopher stevens. the president expected to deliver a new warning to iran to suspend its suspected nuclear program. >>> a breast cancer breakthrough. see what resea

mont operation under one roof. they bought 22 acheers from union pacific near tesla motors more on the head nrins tomorrow print edition of the silicon valley business journal. >>> bart will spend 1 million dollars to tackle the problem of? opinion on poop. it's going to install angle metal sheets and other impediment similar to these around stations and trestle to prevent them from poyching above passengers and pedestrians and doing their business. bart says a health esthetic issue the moncomes from nearly 11 million dollar budget surplus this fiscal year. >>> all right. let's get a check now open the forecast. >> from poop to weather. i love it. >> carolyn and larry. a beautiful day today. most of the bay area enjoyed warmer techlts hot in lil more. 96 in fairfield 61 san francisco. half machine bay 59 degrees. didn't warm-up due to the fog. i show you time lapse tonight from our high definition many ka are. high cloud moving in we lack to do you want san francisco and the fog down pwlochlt let check out live doppler 7 hd. that fog layer is actually still real shallow

. 4:47. back to see. >> there's a tesla showroom, and every time i go by i look at them. they are cool. >> yes. >> we have some fog. yesterday it was solid up and down the cost. it's less today. temperatures cooled off. about the same today as tomorrow. but thursday and friday and the weekend, it looks to be sunny and warm, especially by the coast. the low is on its way out of the pictures. about 40 degrees and 50 degrees. sea breeze has been cut in half. yet was 21 and how it's less than 10. up to almost 90 degrees. there's low spipping out there. we'll keep an eye on that but it won't do much. the low that moved out, it will help with no fog. temperatures are slightly warmer for most today and a little puff of a westerly breeze. fairfield was 87. livermore, your, concord, 83. san jose, 79. north bay, about 80. a little change on wednesday. warmer for thursday. and friday, maybe clear. >> thank you. 4:49 is the time. a survivor of the deadly avalanche is po speaking out. he has local ties to the bay area. >>> giant fans, how you can get your hands on tech kits as early as today. 81. >

that there could be a new production slowdown covering with the tesla. >> quality issues. tesla is one of those countries -- companies that is bay area based. >> you want to stay away from publicly traded vehicles while they figure it out. >> this is unfortunate and sad it is ironic that wisconsin's governor was with called. >> here is a live look outside from the mt. tam cam. the fog is clinging to the coastline. as we can see from the golden gate bridge camera shot, it is still fairly foggy. you cannot even see the bridge towers. temperatures executive remained cool close to the coastline. away from the coastline we are seeing warmer conditions periods for as we head into tomorrow, because the fog is still lingering it will spread inland oversight and we will have more widespread trick is cooler temperatures into to my left. temperatures are running more in the '60s and '70s brief we will still sees the degree readings of mainly for the inland valleys curious the thursday and friday less fog is expected. more sunshine means warmer temperatures. even at the close line to return for inc

. >>> tesla's score says he's working on a -- tesla's ceo says he's working on a rail, a people-moving tube that he calls a hyperloop. he says it would cost $6 billion and tickets bo -- tickets would be cheaper than airfare. >>> time now, 7:05. sal is gonna take us to a ride at the toll plaza. >> that's right. we're looking at it, dave. we're going right there. a lot people are trying to get into san francisco at this point. not too bad. what you don't want to see is when you look at this picture, you don't want to see cars that are not moving at all. sometimes we do see that. right now it's very normal. once you get onto the bridge, it's about a ten-minute drive into looking at 80 westbound, t traffic is busier. we're also looking at the hayward commune, hayward, union city and fremont. traffic is getting busier by the minute. the dumbarton bridge not looking all that bad as you drive into san francisco. there's the runway with delta taking off on. there will be fog delays -- taking off on the runway. there will be fog delays. you will see the air delays -- in fact, if you are expecting so

22 acheers from union pacific near tesla motors more on the head nrins tomorrow print edition of the silicon valley business journal. >>> bart will spend 1 million dollars to tackle the problem of? opinion on poop. it's going to install angle metal sheets and other impediment similar to these around stations and trestle to prevent them from poyching above passengers and pedestrians and doing their business. bart says a health esthetic issue the moncomes from nearly 11 million dollar budget surplus this fiscal year. >>> all right. let's get a check now open the forecast. >> from poop to weather. i love it. >> carolyn and larry. a beautiful day today. most of the bay area enjoyed warmer techlts hot in lil more. 96 in fairfield 61 san francisco. half machine bay 59 degrees. didn't warm-up due to the fog. i show you time lapse tonight from our high definition many ka are. high cloud moving in we lack to do you want san francisco and the fog down pwlochlt let check out live doppler 7 hd. that fog layer is actually still real shallow tonight ance finance to the coast becaus

inventions. entrepreneur elon musk is running space-x and tesla motor. we'll talk about that on "cbs this morning." ♪i -- i got it ♪ i got it made ♪ i got it made ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say [ male announcer ] at subway, you got it made. try an egg white & cheese tricked out any way you want. subway. eat fresh. try an egg white & cheese tricked out any way you want. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. a

the driver hres cars on the road. nevada approved it in february. tesla unvailed a high speed model for their electric cars. right now there are six super chargers all located in california. tesla announced drivers could get a half charge in about 30 minutes in gilroy, folsom, harris ranch, los angeles. it only works for the model f. >>> time now 8:25. no matter what you're driving, can you help the folks on 280? >> trying to. you have to give yourself a little extra time. the only good news i can say is we don't have any mayor crashes. 101, the same thing goes. just looking at the lest here. slow traffic also on 280. 880 is backed up from 238 into freemont. bay bridge toll plaza is backed up as well. >> reporter: we will have a little bit warmer temps. maybe later in the week, maybe. the system that came in yesterday, some cooler air. temperatures starting to once off those morning lows, but still upper 50s and 40s. just a slight warm up. thick morning fog. mainly coast around the bay. forecasted highs will be anywhere from 60s to near 90 degrees. if you are by the coast, where is

some of the southern valleys around livermore, tesla road, could also see a little wet weather over the next half hour. more sunshine and temperatures warmer by the afternoon. >>> recap, traffic hot spot coming up right now in the union city fremont area waze app showing very slow traffic out of hayward towards highway 84 due to several accidents in that area. >> we've had several tough spots thank you. that's it for this edition of the news that abc7 morning news. >>> don't forget to down -- down load our alarm clock app for your iphone. have a great day.xÑxÑñ!ñcús

and ceo is also ceo of tesla motors. he also sees a future on mars and spoke to charlie rose about that. >> what is it about space for you? what is it about your belief that the private sector can do the job? >> in order to have a future that is exciting and inspiring, we need to be a space fairing civilization. at least to me. and, we want to get out there and be on local planets, we want to make the things that we have read about and science fiction books and have seen in movies, become a reality. >> he says that people could live on mars as long as they are in a dome. but over time, he says that scientists could make it like earth. if you have not had your fill of the historic flight over the bay area, go to cbssf.com. there you will find the full special report during the flyover as well as a full photo gallery. >> we're going back to earth now, and the pet program that a lot of people thought was a joke. as of today it is very much for real. what happens now that these animals have been paired up with the formerly homeless? >> milky cabrera fell on his back, but will it change his,

that the economy is stalled. >> palo alto based tesla announced big plans to open several new stores though they haven't yet confirmed it'll meet its target. it said it'll open ten new stores in the next few months. they said customer also be able to have interactive displays and see how it looks. the model s is being built in fremont. the company said it intends to deliver five thousand of them this year but when asked today the ceo said it wouldn't provide the exact number. >> the shuttle at lax after it's farewell flight over the bay area. . >> san francisco police are guarding one of their own stipulations after a second night of vandalism. we are live with what protesters mad about and where they are now. ♪ ♪ [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the moist, chewy, deliciousness you desire. mmmm. thanks. [ man ] at 90 calories, the brownie of your dreams is now deliciously real. [ female announcer ] and now, try our new chocolate chip cookie 90 calorie brownie. . >>> developing news from san francisco where a small group of protesters defaced

suggest there is a jen feel that the economy is stalled. >> palo alto based tesla announced big plans to open several new stores though they haven't yet confirmed it'll meet its target. it said it'll open ten new stores in the next few months. they said customer also be able to have interactive displays and see how it looks. the model s is being built in fremont. the company said it intends to deliver five thousand of them this year but when asked today the ceo said it wouldn't provide the exact number. >> the shuttle at lax after it's farewell flight over the bay area. . >> san francisco police are guarding one of their own stipulatio . >>> developing news from san francisco where a small group of protesters defaced store fronts in the mission district and slashed tires. deborah is live from the mission police station at 17th, to show us some of that damage. >> last night they wrote killers on the door of this police station. tonight there is paint again and as you can see a long line of officers all long this block, officers from the station and from others that have come into su

of their business license. >> tesla promoting a new network of free charging stations for its group of model s owners. they revealed the network in los angeles yesterday. they plan to install more in the united states and canada. they only work on the high end of the united states. >>> meantime the united states energy department is asking them to speed up their payment of a loan. they have until octobero 31st to submit an early repayment . they have prove said they plan to start repaying december >> the mars rover on its longest drive. it's slowly making it's wayward a site about 1300 feet from the touchdown feet. before it started it practiced the use of its robotic arm. it touched a rock and zapped a rock with it's laser. >> cool images. they are knob crime fighting tools but there is a big debate about if they work and coming up, we are live in oakland where city officials trying to determine if it's worth paying to keep that city's red light camera operating. >> and it's a ground breaking law and google is in the driver's seat. new, the new rules when it comes to driverless cars on the

tonight. shares of tesla motors falling by 10% after the bay area said it's maker fewer than they initially planned. less revenue prompting investors to sell. >>> and how about this? top executives from google are taking shots at apple. former ceo eric schmitt says apple should've kept google maps instead of replacing it with a home built version for their new phone. the switch happened on apple's latest software update and many iphone users say the new map system isn't as accurate as google maps. schmidt said apple would have to approve google maps for the updated system before the app becomes available on the iphone 5. he says that isn't expected to happen any time soon. >>> well, it's not exactly buried treasure, but it is buried history. construction crews have unearthed the massive foundation of the old san francisco city hall, which was destroyed in the 1906 earthquake. the ruined 300-foot tall dome and the wreckage beneath it became a symbol of the great quake, even finding its way on to postcards of that era. workers doing landscaping on hyde street near fulton found

-tech inventions. elon musk will be with us. he runs spacex and tesla motors. we'll talk to him about the future of space travel and electric cars. all of that coming up on cbs "this morning". ♪i -- i got it ♪ i got it made ♪ i got it made ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say [ male announcer ] at subway, you got it made. try an egg white & cheese tricked out any way you want. subway. eat fresh. try an egg white & cheese tricked out any way you want. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurr

a direct correlation with our markets, but on a day where we see things like tesla moving down because they're not selling enough vehicles or they can't ramp up production, coming on the heels of a disappointing vault. some of the good news has been about cars. some of the new technologies aren't grabbing on. what we realize when we watch madrid is what's going on there is about the economy. a lot of the good things that have happened in europe are just about the funding. not even addressing the economy. i think, yes, that's bubbling to the surface. i think there's one other issue. as good as the housing data was today, and it was good, we're still in a 20-foot pool. we're not 18 feet under water, we're two feet under water. if you go back to 2002 or 2003, as i did today, the improvement looks minuscule by a wide comparison. >> good analysis there, rick. liz, when you're talking to clients are they risk verse? what are you hearing from them? what kinds of signs are you getting from some of the corporates out there in terms of the uncertainty? >> you guys talk about it all the time. it's oft

a stake in and it's tesla here in the united states. they're coming out and saying that they're developing plans, they'll have to slow things down, not going as quickly as originally thought. any concerns about the demand in the future for the electric car given your investment in tesla? >> i think the oem is never in a hype mode as some of the media was as far as electric cars are concerned. this transition will happen. it's a long transition. we're very very beginning. we'll see customers, but of course so far it's a niche and will take time to develop. we will continue to pioneer this market and in 10 or 20 year, electric cars will play a significant role. >> doctor, thank you for joining us live from the paris auto show. joe, becky, andrew, it does not lk like there's a bottom. we're hearing from ceos and they are not seeing a bottom yet. are you looking out at 2015, 2016 before the auto industry can say, okay, at least we see a base here. >> bad news add to go a pile of bad news we've heard recently. phil, thank you very much. and we do want to have you back here soon to talk to us mo

the altamont pass and patterson patz lightning strict 10 minutes ago between tesla and mines road moving northeast 30 miles an >>> she is the stunning woman grabbing headlines around the world. nazanin boniadi, the actress at the center of the shocking allegations about tom cruise and his life before katie holmes. just who she is, on "good morning america." >>> good morning, everyone. robin is in mississippi with her family. george is in north carolina, at the democratic convention. >> i'm on the empty floor right now. it was packed last night for bill clinton. the speech that fired up the crowd and got a hug at the end from president obama. and how about that bow from bill clinton. i was talking to obama aides who said, he did everything they needed him to do. they raised the bar for president obama tonight. they argue he cleared the way for president obama, to talk less about the past and more about the future. well see if that's going to happen. it will be inside right here, not at the stadium, as planned. and diane and i will have full coverage starting at 10:00 eastern. lara? >> tha

by now. i go early. i said, let's go out there in 2007 and look at the rocket ship at tesla. everyone was criticizing their electric roadster. they're shipping 20,000 of these. they have a less expensive version. we were on the pandora story when they couldn't get attention from the big media outlets. now they have 27% market share of the radio world. we're looking at smaller companies. we're focusing on one that takes a body scan of you in five seconds and you can shop online and never have to return anything because you know your exact measurements. i don't know if we really want to know that. these are the things that we look at, where are the innovative ideas, not just the big boys. >> we thank you for your time and look forward to seeing all your reports. thank you, liz. >> reporter: you bet, tony. >>> ahead at 8:00 -- >> thanks to your own self? >> no, liz. >> that was one of my better ones. looking for love in all the wrong places. this is good. love academy 101 is returning to the district. the host joins us live. >> what are you doing wrong? and sauerkraut is taking center st

now within the auto sector. hi, seema. >> electric carmaker tesla getting a top. jpmorgan upgrading it. analysts writing this upgrade is not meant to call the bottom in the stock but rather to mark an improved risk/reward scenario to other stocks under coverage. tesla getting a nice pop, up better than 4%. carl? >> thank you so much, seema. >>> when we come back, occupy wall street is one year old today and they're celebrating by staging protests around the country. we'll have the latest on what they're doing right outside the stock exchange when we come back. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> as you probably know, protesters have set up camp outside the new york stock exchange here on the

jane. >> tesla ploet ears 2% pop for this stock today pricing the offering of 6.9 million shares of common stock at 28.25 per share. that's less than a 1% discount to the closing price yesterday. tesla giving goldman the underwriter a 30-day option to buy an additional 1 million shares and also the ceo said he'll spend a total of about a million dollars as well to buy the stock. we're seeing a pop there 2%, 29.05. >> thanks very much. when we come back how can corporate america start spending cash on more than just a stock buy back? faber has the man with the answer. deal maker extraordinaire, blair effron next. >> still to come finding a slight bout of road rage on the morning commute? we're looking at a hot new app that is curing your traffic headache by saving you time and gas money. don't miss that. [ male announcer ] let's say you need to take care of legal matters. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. to

that stems from -- because of an article that tesla published called the three ways of liberalism. i asked him if he would like to expand it into a book, to frame it as a steady a barack obama's intellectual roots as a liberal. one of the things that is notable about his book aside from its very high intellectual lowball and its skating with is the fact that kessler takes obama seriously as an intellectual, as a political thinker. this is, as you can imagine, unusual for a conservative. most of them just call him names. kessler argues that obama is misunderstood as a socialist. he is not really. he is really, in fact, the error of three previous waves of political liberalism or progressivisms, all of which are concentrated really in his mentality. there is the first wave, launched by woodrow wilson, the second by franklin roosevelt, and the third by lyndon johnson. there is a fourth wave which is a 60's era identity politics wave, and obama is trying to sympathize and unify all of these somewhat conflicting philosophical premise. naturally he is having a hard time with it. so what i like a

a $42,000 on a bil automobile. tesla is producing electric cars that cost $100,000. he he made a mistake in pushing the country towards electric automobiles too fast. host: we are talking with ed whitfield. a few more calls for you. a call on the republican line from florida this morning. caller: good morning. praise be for c-span. two issues of imminent danger to the united states. sunflares knockout our electrical grid in the united states. i talked to my congressman about this. i want the presidents to discuss the imminent danger. i want you to join and discuss this. there is a shield act proposed and that needs to be considered and passed by congress as soon as possible. there's a new book that says we have reached the peak every thing in our modern way of life is in jeopardy because we are running out of resources. i want your reaction to the shield act and talking about the sun flares which could knock out rical grid.n belgra guest: presidential candidates should be talking about it. it is a priority for the house and senate to pass legislation to address that issue. as far as the

and that is seattle's win, "win." >> yes. >>> tesla cut its forecast for 2012 revenue citing a slower than expected rollout of its model "s" sedan. it expects full-year revenue in the range of 400 to $440 million. >> we've been trying to get ilan musk. >> i drove the little one. i'm not that big but it's very small but no sound and really fast. really, really quick. it's cool but you know, really hard to get in and out of it that one. >>> the home builders d.r. horton downgraded, lennar was downgrounded and toll brothers downgrounded big moves after lennar's earnings and look at the way the stocks performed. >>> marriott international downgraded to market performoutperform, based on valuations and economic concerns. >>> when we come back, barry diller of iac will join andrew live from new york, there they are talking about it right now, that's live right after the break. ne, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why set

with mike. >>> here is a live look southbound passing tesla. that is off 88 in frefremont. it is slow. let me get back to the right map. the san mateo bridge and an accident moving past the shoulder. slow out of fremont at mission. northbound at san jose is slow as well as the accident at tulle. that is heavy traffic. marla. >>> thank you, mike. we will be back with our next weather and news update in a half hour. see you at 9:56. >>> you say remember guys, if your friends give you a hard time about being romantic, it's because they don't know how to treat their lady right. are you a romantic guy? >> i think i am. >> what's the most romantic thing that you've done? >> the most romantic thing that i've done -- >> we're going to leave you hanging there. that's why we call it a tease. what exactly is the most romantic thing justin bieber has ever done? you have to tune in tomorrow on today opens up about his past and future in an interview with ryan seacrest. i'm natalie along with al roker. >>> get ready. giddyup. guess what? he's not the only huge act coming to the plaza. we can't tell you

making sure john tesla wins . we are in august of the election year. this is the only race in the there is a lot of attention all this race. two reasons why i am optimistic 800,000 were people will turn out in this election that turned out in the presidential and especially if the election that scott brown won. among the people who are undecided, therefore the president by a 3 or four to one margin. i do not care where church you guide -- truck you drive. scott brown is out of touch in massachusetts. the people do not believe voting with its mcconnell -- mitch mcconnell is in the direction. the race will move even further in elizabeth's direction. i am always excited to hear president clinton but i am excited for folks to get to hear elizabeth in an unfiltered way. >> i wanted to speak to you about baads. both party is basically saying the ads are a wash and it is getting to the point where there will be less effective. both sides have to put them on the air because no one wants to disarm. is that the case in down battle races where the air waves are not saturated? what is

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